NASDAQ TODAY OPEN UPDATE
NASDAQ TODAY OPEN CODE

Until the receipt of regulatory approvals, Nasdaq will continue to operate its European power trading and clearing business as usual.

NASDAQ TODAY OPEN UPDATE

Nasdaq will continue to own and operate Nasdaq Clearing AB to provide comprehensive clearing services for Nasdaq Nordic’s equity derivatives, fixed income derivatives, and other financial derivatives contracts.Īs part of the agreement, EEX will update the current Nordic power market structure, replacing Electricity Price Area Differential (EPAD) contracts with zonal futures contracts, a proven and successful market model in many other European power derivatives markets. Nasdaq Clearing AB, along with the clearing infrastructure to support it, is not part of the sale.

No financial details of the deal are disclosed. The transaction will involve the transfer of existing open positions in Nasdaq’s Nordic, French, and German power futures as well as European carbon emission allowance futures (EUAs) to EEX’s clearing house European Commodity Clearing (ECC). (Nasdaq: NDAQ) today announced they have reached an agreement under which EEX will acquire Nasdaq’s European power trading and clearing business, subject to receipt of customary regulatory approvals.

Market bulls might yet trip over and exit, pursued by metaphorical bears.The European Energy Exchange (EEX) and Nasdaq, Inc. There's nothing on the horizon that looks like a 'bull trap,' said Sam Stovall, chief investment strategist at CFRA Research, meaning that markets look poised to rally further, for now.īut some analysts, like BofA's Hartnett and Savita Subramanian, the bank's top quantitative strategist, think the S&P will decline from its current levels at the end of the year. Still, it looks like the momentum has legs. It's momentum and fear of missing out on further gains.' As CNBC's Scott Schnipper notes, 'It's not a brighter economic picture or an exuberant earnings outlook pushing stocks higher. Now, I'm not suggesting the current AI-led rally's as fragile. By October 2000, Microsoft's shares were worth less than they were in January 1998. It was, of course, right before the dot-com bubble burst. But that comparison has unwelcome resonances. This has echoes of the 1990s, when the tech giant's stock rocketed a ridiculous 9,562% during the decade (!). Microsoft, which integrated AI with its products earlier than most other rivals, hit an all-time high of $342.33 per share on Friday after rising more than 43% this year. Investors have artificial intelligence to thank for those impressive figures. There are three factors, according to Hartnett, that'll allow stocks to continue their current rally - though he worries it'll be a 'big rally before big collapse.' The bottom line Bull now, bear later 'Bears like us have been wrong,' Bank of America Chief Investment Strategist Michael Hartnett admitted in a note. His trip was originally scheduled for February, but was postponed after an alleged Chinese spy balloon flew across the U.S. Blinken's the highest-level American official to visit China during the Biden administration. Secretary of State Antony Blinken met Chinese Foreign Minister Qin Gang in Beijing yesterday. There's no word - dead or alive - whether the event will be resurrected in the future.īlinken in China U.S. In last year's conference, Amazon highlighted its Alexa voice assistant impersonating a deceased relative. In other words, Musk thinks Tesla shares will shoot up once the electric vehicle company perfects autonomous driving technology, which will, in turn, let Tesla owners turn their cars into robotaxis.Īmazon cancels future showcase Amazon has canceled its re:MARS conference, which showcased developments in futuristic technologies, this year.

NASDAQ TODAY OPEN CODE

Tesla's self-driving ambitions Elon Musk said the value of Tesla depends on whether it can crack the code to self-driving vehicles. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit

Nasdaq today open